Recent economic data has reinforced expectations for a Fed rate cut next week. Markets are fully pricing-in a 25bps cut on September...

There is a significant risk that the US government will succeed in undermining the Fed's independence. Our US experts are taking this...

The lower median projections for the fed funds rate in 2025 and 2026 could be fostered by a more dovish composition of the Committee if...

We look for the economy to recover in Q3 as trade balance improves, and gross domestic product growth to become positive after...

The debt markets of Japan, France, the US and the UK have all been in the headlines in recent months.  Within this group, the UK has...

Meanwhile, in France, the main opposition parties have confirmed they will vote against the government in the confidence vote next week...

**Online Tools > FX Factors, get full access now! Carry strategies experienced a slight underperformance in August as the USD's decline...

**Online Tools > IMM, get full access now! The most recent Commitment of Traders (COT) data provides significant insights into market...

**As seen in Risk In The Week report 09/07/25, get full access now! June's 0.4% growth helped avert a Q2 flatline, with GDP 4.5% above...

**As seen in Risk In The Week report 09/07/25, get full access now! Headline inflation eased to 4.58% year-over-year (y/y), down from...

**AS SEEN IN ONLINE TOOLS > IFMO, GET FULL ACCESS NOW! As of September 2025, inflation across the G10 has largely cooled from 2022 peaks...

**AS SEEN IN ONLINE TOOLS > IRP, GET FULL ACCESS NOW! The next FOMC meeting is September 16-17, 2025, with decisions announced at 2:00...

If something unexpected happens between now and the next meeting at the end of the month, the Riksbank could cut the policy rate in...

Fiscal differentiation has been an alpha theme in FX this year. Away from the broad dollar story, owning the likes of CHF, NOK, SEK and...

The USD/JPY pair has typically exhibited a positive correlation with US Treasury yields, especially since the early 2000s. When US yields...

**As seen in Online Tools > IMM Positioning, get full access now! Leveraged funds showed mixed sentiment across currencies. They...

**As seen in Online Tools > FX Factors, get full access now! Historically, August is a month associated with increased stock market...

Despite the easing of market tensions in early summer, the USD remained on the back foot and was not following the lead of short-term...

In DM, stay short USD vs. EUR, Antipodeans, CAD and JPY, the latter as a defensive hedge. Stay overweight Scandi FX vs. EUR on cheap...

The composition is shifting significantly. For example, many of the US's major trading partners, including Japan, Korea, China, Canada,...